Market Overview:
The global resistance heating wire market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for resistance heating wires in various applications, such as aircraft, medical surgery, automotive, home appliance and others. In terms of type, the one-way memory effect segment is expected to hold the largest share of the global resistance heating wire market during the forecast period. This can be attributed to its high thermal conductivity and low electrical resistivity properties.
Product Definition:
Resistance heating wire is a type of wire that is used in electrical heating applications. It is made of a high-resistance material, such as nickel-chromium alloy, and it is used to generate heat by passing an electric current through it. Resistance heating wire is commonly used in industrial applications, such as metalworking and welding, where it can be used to heat metals to high temperatures.
One-way Memory Effect:
One-way memory effect (OWME) is a property of certain metals that allows them to retain their magnetism even after the external magnetic field is removed. The most common example of one-way memory effect metal is iron. Owing to this, it can be used in various applications such as electric motors, hard drives, and computers among others.
Two-way Memory Effect:
The two-way memory effect refers to a change in the electrical resistance of materials when exposed to magnetic fields. Materials exhibiting this effect include silicon, germanium, and iron oxide semiconductors. The two-way memory effect can be used for various applications including magnetic sensors and transducers as well as spintronics based devices (computers).
Application Insights:
The application segment includes aircraft, automotive, medical surgery, consumer electronics and other. The automotive sector is anticipated to witness significant growth over the forecast period owing to increasing demand for resistance heating wire in automobiles. Resistance heating wires are used in power trains of vehicles as well as engine components.
The growing use of RHD wires in various home appliances such as microwave ovens and cooktops is expected to drive the product demand over the forecast period. In addition, they are also used for heat transfer applications across a wide range of industrial equipment including soldering irons and welding equipment among others.
Regional Analysis:
North America dominated the global resistance heating wire market in 2016 owing to the presence of key aircraft manufacturers such as Boeing, Airbus and Lockheed Martin. The region is expected to witness a CAGR of XX% during the forecast period. Increasing demand for electric vehicles in North America on account of rising government initiatives such as ZEV (Zero Emission Vehicle) program by U.S Environmental Protection Agency (EPA) is anticipated to propel industry growth over the next eight years.
Asia Pacific regional market captured a revenue share exceeding 15% in 2016 owing to rapid industrialization and urbanization resulting into an increasing population base especially in China, India, Indonesia and Malaysia which are also major consumers of resistance heating wires due to their high product demand for various applications including medical surgery tools, aerospace equipment etcetera ‰t home appliances).
Growth Factors:
- Increasing demand for electric vehicles
- Growing construction and infrastructure activities
- Rising demand from the Asia Pacific region
- Technological advancements in resistance heating wire products
- Stringent government regulations for energy conservation
Scope Of The Report
Report Attributes
Report Details
Report Title
Resistance Heating Wire Market Research Report
By Type
One-way Memory Effect, Two-way Memory Effect, Other
By Application
Aircraft, Medical surgery, Automotive, Home Appliance, Other
By Companies
Dynalloy, Euroflex, Nitinol Devices & Components Inc., SAES Getters, Aerofits Products, Bose, Burpee Materials Technology, EchoBio, Endosmart
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
170
Number of Tables & Figures
119
Customization Available
Yes, the report can be customized as per your need.
Global Resistance Heating Wire Market Report Segments:
The global Resistance Heating Wire market is segmented on the basis of:
Types
One-way Memory Effect, Two-way Memory Effect, Other
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Aircraft, Medical surgery, Automotive, Home Appliance, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Dynalloy
- Euroflex
- Nitinol Devices & Components Inc.
- SAES Getters
- Aerofits Products
- Bose
- Burpee Materials Technology
- EchoBio
- Endosmart
Highlights of The Resistance Heating Wire Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- One-way Memory Effect
- Two-way Memory Effect
- Other
- By Application:
- Aircraft
- Medical surgery
- Automotive
- Home Appliance
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Resistance Heating Wire Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Resistance heating wire is a type of heating wire that is made up of a number of thin wires that are twisted together. The wires are usually coated in an insulating material, such as plastic or rubber, to help keep the heat inside the wire. Resistance heating wires are often used in electric blankets and other types of heated beds because they can produce a consistent level of heat over an extended period of time.
Some of the major players in the resistance heating wire market are Dynalloy, Euroflex, Nitinol Devices & Components Inc., SAES Getters, Aerofits Products, Bose, Burpee Materials Technology, EchoBio, Endosmart.
The resistance heating wire market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Resistance Heating Wire Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Resistance Heating Wire Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Resistance Heating Wire Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Resistance Heating Wire Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Resistance Heating Wire Market Size & Forecast, 2020-2028
4.5.1 Resistance Heating Wire Market Size and Y-o-Y Growth
4.5.2 Resistance Heating Wire Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 One-way Memory Effect
5.2.2 Two-way Memory Effect
5.2.3 Other
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Aircraft
6.2.2 Medical surgery
6.2.3 Automotive
6.2.4 Home Appliance
6.2.5 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Resistance Heating Wire Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Resistance Heating Wire Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 One-way Memory Effect
9.6.2 Two-way Memory Effect
9.6.3 Other
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Aircraft
9.10.2 Medical surgery
9.10.3 Automotive
9.10.4 Home Appliance
9.10.5 Other
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 One-way Memory Effect
10.6.2 Two-way Memory Effect
10.6.3 Other
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Aircraft
10.10.2 Medical surgery
10.10.3 Automotive
10.10.4 Home Appliance
10.10.5 Other
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 One-way Memory Effect
11.6.2 Two-way Memory Effect
11.6.3 Other
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Aircraft
11.10.2 Medical surgery
11.10.3 Automotive
11.10.4 Home Appliance
11.10.5 Other
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 One-way Memory Effect
12.6.2 Two-way Memory Effect
12.6.3 Other
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Aircraft
12.10.2 Medical surgery
12.10.3 Automotive
12.10.4 Home Appliance
12.10.5 Other
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 One-way Memory Effect
13.6.2 Two-way Memory Effect
13.6.3 Other
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Aircraft
13.10.2 Medical surgery
13.10.3 Automotive
13.10.4 Home Appliance
13.10.5 Other
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Resistance Heating Wire Market: Competitive Dashboard
14.2 Global Resistance Heating Wire Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Dynalloy
14.3.2 Euroflex
14.3.3 Nitinol Devices & Components Inc.
14.3.4 SAES Getters
14.3.5 Aerofits Products
14.3.6 Bose
14.3.7 Burpee Materials Technology
14.3.8 EchoBio
14.3.9 Endosmart
